In the past, checks and bank drafts were the most common form of handling payments in...
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In the past, checks and bank drafts were the most common form of handling payments in business transactions. Technological developments have since changed the way people do business. Substitute checks, electronic fund transfers, e-money, online banking and smartphone-based payment systems are commonly used today. What are they and how do they differ from the old system of checks and bank drafts? Be sure to highlight advantages and disadvantages. In the past, checks and bank drafts were the most common form of handling payments in business transactions. Technological developments have since changed the way people do business. Substitute checks, electronic fund transfers, e-money, online banking and smartphone-based payment systems are commonly used today. What are they and how do they differ from the old system of checks and bank drafts? Be sure to highlight advantages and disadvantages. In the past, checks and bank drafts were the most common form of handling payments in business transactions. Technological developments have since changed the way people do business. Substitute checks, electronic fund transfers, e-money, online banking and smartphone-based payment systems are commonly used today. What are they and how do they differ from the old system of checks and bank drafts? Be sure to highlight advantages and disadvantages. In the past, checks and bank drafts were the most common form of handling payments in business transactions. Technological developments have since changed the way people do business. Substitute checks, electronic fund transfers, e-money, online banking and smartphone-based payment systems are commonly used today. What are they and how do they differ from the old system of checks and bank drafts? Be sure to highlight advantages and disadvantages.
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The evolution of payment methods has drastically transformed the way people conduct business transactions Lets explore some of the modern payment methods and how they differ from traditional checks an... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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